Rashi Peripherals consolidated net profit rises 26.25% in the December 2024 quarter
12 - Feb - 2025 12:00 | 47 days ago
Net profit of Rashi Peripherals rose 26.25% to Rs 31.84 crore in the quarter ended December 2024 as against Rs 25.22 crore during the previous quarter ended December 2023. Sales rose 7.71% to Rs 2826.31 crore in the quarter ended December 2024 as against Rs 2623.96 crore during the previous quarter ended December 2023.
Rashi Peripherals to acquire 70% stake in Satcom Infotech
15 - Jan - 2025 12:00 | 75 days ago
Rashi Peripherals (RP Tech) has announced its intent to acquire 70% equity stake in Satcom Infotech, a prominent distributor specializing in cybersecurity solutions. This strategic move expands RP Tech's portfolio in the cybersecurity sector, further elevating its position as a leading, comprehensive ICT solutions provider in India.
With this strategic investment, the company aims to leverage Satcom's established expertise in the cybersecurity domain to introduce new brands and forge impactful partnerships. Satcom will benefit from RP Tech's robust financial capabilities and extensive geographical reach, enabling the company to scale its operations and enhance its service delivery across India.
Rashi Peripherals to acquire 70% stake in Satcom Infotech
15 - Jan - 2025 12:00 | 75 days ago
Rashi Peripherals (RP Tech) has announced its intent to acquire 70% equity stake in Satcom Infotech, a prominent distributor specializing in cybersecurity solutions. This strategic move expands RP Tech's portfolio in the cybersecurity sector, further elevating its position as a leading, comprehensive ICT solutions provider in India.
With this strategic investment, the company aims to leverage Satcom's established expertise in the cybersecurity domain to introduce new brands and forge impactful partnerships. Satcom will benefit from RP Tech's robust financial capabilities and extensive geographical reach, enabling the company to scale its operations and enhance its service delivery across India.
Board of Rashi Peripherals approves investment of up to Rs 14 cr in Satcom Info Tech
13 - Jan - 2025 12:00 | 77 days ago
The Board of Rashi Peripherals at its meeting held on 13 January 2025 has approved to make an investment of upto Rs. 14 crore (for a 70% equity stake) by way of acquisition of equity shares in Satcom Info Tech (Satcom).
Post–acquisition Satcom Info Tech would become a subsidiary of the Company.
Rashi Peripherals consolidated net profit rises 26.25% in the December 2024 quarter
12 - Feb - 2025 12:00 | 47 days ago
Net profit of Rashi Peripherals rose 26.25% to Rs 31.84 crore in the quarter ended December 2024 as against Rs 25.22 crore during the previous quarter ended December 2023. Sales rose 7.71% to Rs 2826.31 crore in the quarter ended December 2024 as against Rs 2623.96 crore during the previous quarter ended December 2023.
Rashi Peripherals to acquire 70% stake in Satcom Infotech
15 - Jan - 2025 12:00 | 75 days ago
Rashi Peripherals (RP Tech) has announced its intent to acquire 70% equity stake in Satcom Infotech, a prominent distributor specializing in cybersecurity solutions. This strategic move expands RP Tech's portfolio in the cybersecurity sector, further elevating its position as a leading, comprehensive ICT solutions provider in India.
With this strategic investment, the company aims to leverage Satcom's established expertise in the cybersecurity domain to introduce new brands and forge impactful partnerships. Satcom will benefit from RP Tech's robust financial capabilities and extensive geographical reach, enabling the company to scale its operations and enhance its service delivery across India.
Board of Rashi Peripherals approves investment of up to Rs 14 cr in Satcom Info Tech
13 - Jan - 2025 12:00 | 77 days ago
The Board of Rashi Peripherals at its meeting held on 13 January 2025 has approved to make an investment of upto Rs. 14 crore (for a 70% equity stake) by way of acquisition of equity shares in Satcom Info Tech (Satcom).
Post–acquisition Satcom Info Tech would become a subsidiary of the Company.
Rashi Peripherals consolidated net profit rises 26.25% in the December 2024 quarter
12 - Feb - 2025 12:00 | 47 days ago
Net profit of Rashi Peripherals rose 26.25% to Rs 31.84 crore in the quarter ended December 2024 as against Rs 25.22 crore during the previous quarter ended December 2023. Sales rose 7.71% to Rs 2826.31 crore in the quarter ended December 2024 as against Rs 2623.96 crore during the previous quarter ended December 2023.
Rashi Peripherals to acquire 70% stake in Satcom Infotech
15 - Jan - 2025 12:00 | 75 days ago
Rashi Peripherals (RP Tech) has announced its intent to acquire 70% equity stake in Satcom Infotech, a prominent distributor specializing in cybersecurity solutions. This strategic move expands RP Tech's portfolio in the cybersecurity sector, further elevating its position as a leading, comprehensive ICT solutions provider in India.
With this strategic investment, the company aims to leverage Satcom's established expertise in the cybersecurity domain to introduce new brands and forge impactful partnerships. Satcom will benefit from RP Tech's robust financial capabilities and extensive geographical reach, enabling the company to scale its operations and enhance its service delivery across India.
Rashi Peripherals to acquire 70% stake in Satcom Infotech
15 - Jan - 2025 12:00 | 75 days ago
Rashi Peripherals (RP Tech) has announced its intent to acquire 70% equity stake in Satcom Infotech, a prominent distributor specializing in cybersecurity solutions. This strategic move expands RP Tech's portfolio in the cybersecurity sector, further elevating its position as a leading, comprehensive ICT solutions provider in India.
With this strategic investment, the company aims to leverage Satcom's established expertise in the cybersecurity domain to introduce new brands and forge impactful partnerships. Satcom will benefit from RP Tech's robust financial capabilities and extensive geographical reach, enabling the company to scale its operations and enhance its service delivery across India.
Board of Rashi Peripherals approves investment of up to Rs 14 cr in Satcom Info Tech
13 - Jan - 2025 12:00 | 77 days ago
The Board of Rashi Peripherals at its meeting held on 13 January 2025 has approved to make an investment of upto Rs. 14 crore (for a 70% equity stake) by way of acquisition of equity shares in Satcom Info Tech (Satcom).
Post–acquisition Satcom Info Tech would become a subsidiary of the Company.
